Earnings Per Share

6 Months Ended

Jun. 18, 2023

3. Earnings Per Share


	Fiscal Quarter Ended				Two Fiscal Quarters Ended
	June 18,		June 19,		June 18,		June 19,
	2023		2022		2023		2022
Net income available to common stockholders - basic and diluted	$	109,380	$	102,493	$	214,150	$	193,457
Basic weighted average number of shares		35,199,067		35,915,102		35,295,346		35,957,999
Earnings per share – basic	$	3.11	$	2.85	$	6.07	$	5.38
Diluted weighted average number of shares		35,492,423		36,296,277		35,601,335		36,368,297
Earnings per share – diluted	$	3.08	$	2.82	$	6.02	$	5.32

The denominators used in calculating diluted earnings per share for common stock for the fiscal quarters and two fiscal quarters each ended June 18, 2023 and June 19, 2022 do not include the following because the effect of including these shares would be anti-dilutive or because the performance targets for these awards had not yet been met:


	Fiscal Quarter Ended				Two Fiscal Quarters Ended
	June 18,		June 19,		June 18,		June 19,
	2023		2022		2023		2022
Anti-dilutive shares underlying stock-based awards
Stock options		227,276		120,540		229,156		120,540
Restricted stock awards and units		35,064		67,677		36,378		346
Performance condition not met
Restricted stock awards and units		59,675		42,710		59,675		42,710